Hawaii House Bill HB1340

Hawaii 2022 Regular Session

• Introduced: 1/27/21
• Refer: 2/1/21

Caption

Relating To Audits.

Impact

The passage of HB 1340 is expected to significantly bolster the resources available to the Office of the Auditor, facilitating efficient audit processes and promoting accountability within government bodies. By enhancing the capacity for audits, the bill aims to ensure that financial operations are carried out lawfully and effectively, which in turn may improve public trust in government. Additionally, the funding increases may lead to more comprehensive oversight of state expenditures and compliance with established financial regulations.

Summary

House Bill 1340 is an act concerning appropriations for the Office of the Auditor in Hawaii. It aims to provide the necessary funding to support the various audit-related functions of the office for the fiscal year 2021-2022. The bill specifies appropriations amounting to $150,000 for special studies, $2,800,000 to be deposited into the audit revolving fund, and $6,300,000 for audit functions mandated by law. This financial plan reflects an emphasis on enhancing the auditing capabilities and transparency of government operations.

Contention

While the specifics of the discussions about HB 1340 were not detailed in the snippets, it is common in budget-related legislation for contention to arise regarding the allocation of funds. Stakeholders may have varying opinions on the adequacy of funding levels, the necessity of the proposed budget, and the implications of increased financial oversight. Potential points of contention could also involve the efficiency of the audit processes and the rationale behind specific appropriations, particularly in a fiscal context where resource allocation is closely scrutinized.